New Issue: Kommuninvest prices $1 billion of 1.625% three-year notes

By Cristal Cody

Tupelo, Miss., Sept. 14 – Kommuninvest I Sverige AB (Aaa/AAA) priced $1 billion of 1.625% three-year notes in a Rule 144A and Regulation S deal on Thursday at a spread of Treasuries plus 23.35 basis points, according to a market source.

J.P. Morgan Securities plc, Barclays, HSBC Securities (USA) Inc. and SEB Securities, Inc. were the bookrunners.

Kommuninvest is an Orebro-based company that offers funding to municipalities of Sweden.

Issuer:	Kommuninvest I Sverige AB
Amount:	$1 billion
Description:	Notes
Maturity:	Sept. 1, 2020
Bookrunners:	J.P. Morgan Securities plc, Barclays, HSBC Securities (USA) Inc. and SEB Securities, Inc.
Coupon:	1.625%
Spread:	Treasuries plus 23.35 bps
Trade date:	Sept. 14
Ratings:	Moody’s: Aaa
	S&P: AAA
Distribution:	Rule 144A, Regulation S

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